МАЧВ You are approved for a $200 000 mortgage to purchase a house. You are given two options, both with an interest rate of 4.2% per year. How much will you pay in interest for each option? Which will...


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МАЧВ<br>You are approved for a $200 000<br>mortgage to purchase a house. You are<br>given two options, both with an interest<br>rate of 4.2% per year. How much will you<br>pay in interest for each option? Which<br>will see the mortgage paid off faster?<br>Option A - Pay $450 biweekly<br>Option B - Pay $900 monthly<br>

Extracted text: МАЧВ You are approved for a $200 000 mortgage to purchase a house. You are given two options, both with an interest rate of 4.2% per year. How much will you pay in interest for each option? Which will see the mortgage paid off faster? Option A - Pay $450 biweekly Option B - Pay $900 monthly

Jun 10, 2022
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